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CSL shares sink again as it battles $50b market cap wipeout over six months, posts 81 per cent profit drop first half of FY26

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Insolvency Insider
February 15, 2026

Melbourne-headquartered company CSL’s shares have faced another blow after reporting an 81% profit slump for the first half of FY26, extending a $50 billion market capitalisation wipeout over six months as the biotech group absorbs significant restructuring charges, announces 3,000 redundancies and grapples with weaker demand, intensifying competition and regulatory headwinds in key US markets.